The Download: hunting an asteroid, and unlocking the human mind
Technology
Astera Labs’ IPO pops 54%, showing that investor demand for tech with an AI-twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]
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The Carevoice raises $10M Series B, bucking the funding slowdown in health tech
The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets. Fortunately, insurtech has found a new wave to ride in the past […]
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Astera Labs IPO will reveal how much investors want in on AI
While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs.
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